Prosper Home Equity Help

• How is my equity calculated?
• How are HELOCs and HELoans different from each other?

All About HELOCs

• How does a HELOC work?
• Is a HELOC secured or unsecured?
• What can I use my HELOC for?
• How is a HELOC through Prosper different?
• What does 'term' mean for a HELOC?
• What is a draw period and a repayment period?
• Can I apply for a HELOC if I have an FHA loan?
• Can I get a HELOC if I have a mortgage?

HELOC Rates

• What does it mean to have a variable rate for my HELOC?
• How will the annual percentage rate (APR) for my HELOC be determined?
• How is my max line calculated?

Applying for a HELOC Through Prosper

• How do I apply for a HELOC through Prosper?
• How do I upload my documents?
• I uploaded a document, but it didn't go through. What's going on?
• How long does the HELOC application process take? 

HELOC Payments

• How much will my monthly payments be for my HELOC?
• When will I start making monthly payments on my HELOC?
• Can I pay off my HELOC early? Can I pay off my HELOC during my draw period?
• Do I schedule my HELOC payments with Prosper?
• I applied for a HELOC but I also have a personal loan through Prosper. Does this mean my payments will be combined?
• How long is the repayment period for my HELOC?
• Can I still draw on my home equity line of credit during the repayment period?

All About HELoans

• Is a HELoan secured or unsecured?
• What can I use my HELoan for?
• How is a HELoan through Prosper different?
• What are the terms for a HELoan through Prosper?

HELOAN Rates

• Is the rate for my HELoan through Prosper fixed or variable?
• How will the APR for my HELoan be determined?
• How does Prosper calculate the amount I"m eligible to borrow with my HELoan?

Applying for a HELoan Through Prosper

• I uploaded a document, but it didn't go through. What's going on?

HELOAN Payments

• How much will my monthly payments be for my HELoan through Prosper?
• When will I start making monthly payments on my HELoan through Prosper?
• Can I pay off my HELoan early?
• Do I schedule my HELoan payments with Prosper?